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Finite amount of gold as well. Finite amount of bitcoin cash as well. Finite amount of real estate as well.
by auc 2y ago
Finite amount of gold as well. Finite amount of bitcoin cash as well. Finite amount of real estate as well.
- ArtTimeInvestor 2y agoThe amount of Gold in circulation rises by about 2% per year. For new real estate, there is also basically an infinite amount that can be added to the market. Planet earth is still mostly unused. Bitcoin Cash has no USP that could lead to it becoming the digital Gold instead of Bitcoin.
- FabHK 2y agoWhat's the irrevocable USP that Bitcoin has? Is it because it was first, like Yahoo, MySpace, and Friendster?
- ArtTimeInvestor 2y agoYahoo, MySapce and Friendster are services. Bitcoin is a protocol. Like TCP: https://en.wikipedia.org/wiki/Transmission_Control_Protocol https://en.wikipedia.org/wiki/Transmission_Control_Protocol
- auc 2y agoThe amount of BTC in circulation is increasing per year as well. There’s a finite amount of gold on Earth. Real estate is definitely not “infinite”. Especially if you consider arable land and weather patterns.